Please I need help with these ASAP

River Forest Appliances, inc. sells food processors for $300 with a 120-day warranty against defects. Past experience indicates that 5% of the processors will have some defect during the warranty period and that the necessary repairs and adjustments will cost $50 per defective unit. Sales for August were $438,000. 30 units were reported defective and repaired in August. What is the August 31 journal entry for the estimated liability for product warranties for units sold in August? Herrindale Mart borrows $420,000 on July 1 with a short-term loan that has an annual interest rate of 5% which is payable on the first day of each subsequent quarter. What will Herrindale Mart need to accrue on August 31, assuming that no accrual has yet been made? $21,000; Decrease liabilities and decrease cash $7,000; Decrease liabilities, decrease cash $3, 500; Increase liabilities, increase expenses $7,000; Increase liabilities, decrease retained earnings On April 30, 2016, one year before maturity. Blue Peaches, Inc. retired $300,000 of 8% bonds payable at 103. The book value of the bonds on April 30 was $289, 200. Bond interest was last paid on April 30, 2016. What is the gain or loss on the retirement of the bonds? $19, 800 loss $10, 800 gain $30, 600 gain $24,000 loss Beming Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimated life of 8 years, or 10,000 hours of operation. The tractor was purchased on January 1, 2016 and was used 2, 400 hours in 2016 and 2, 100 hours in 2017. On January 1, 2018, the company decided to sell the tractor for $70,000. Beming uses the units-of-production method to account for the depreciation on the tractor. Based on this information, the entry to record the sale of the tractor will show: No gain or loss on the sale A loss of $38,000 A loss of $70,000 A gain of $70,000